State-of-charge: a peek into the economics and performances within the NEM’s battery fleet
A review of battery storage market performance in the NEM throughout 2023, a year in which where we saw the battery fleet double in size.
Headline Reports
AEMO preliminary report identifies 4 separate Events … including trips* at 4 Generators and 1 Load
Some things in the AEMO's Preliminary Operating Incident Report that stood out to me, and which will assist in our further investigations on WattClarity.
AEMO Preliminary Operating Incident Report (re Tue 13th February 2024) is available
AEMO's preliminary operating incident report for what happened on Tuesday 13th February 2024 is available now.
The Generator Statistical Digest 2023 (GSD2023) is released
It's Thursday 15th February 2024 and (in amongst the detailed analysis relating to Tue 13th Feb 2024 in Victoria) we're releasing the GSD2023 ... the Generator Statistical Digest for the 2023 calendar year.
A look into minimum generation levels at various coal plants, using the GSD2023
Nick Bartels from Greenview Strategic Consulting uses the GSD2023 to examine minimum and maximum generation levels at various coal and gas plants in the market.
AGL half-year results point to ‘strong financial performance’ for Torrens Island BESS (but not directly through the spot market)
Using our soon-to-be-released GSD2023, we can compare the market performance of AGL's Torrens Island BESS against what was published in last week's half-year results presentation from AGL.
GSD 2023 Uncovers Features in FCAS Enablement and Bidding
The release of GSD2023 supports a deep dive into its 10-year FCAS history section. We inspect three units of differing technology and make use of the data extract to uncover trends in participation.
Batteries, coal revenues and demand response units: Insights from the GSD2023
David Leitch provides his top insights from reading his (pre-published) copy of our GSD2023 - due to be released later this week.
Engie announces early closure of two dispatchable South Australian power stations
It was an article in the AFR, on the 6th of February 2024, that drew our attention back to generator closures. Engie have announced the early closure of Snuggery and Port Lincoln Power Stations.
Final report ‘Review of the Integrated System Plan’ for the Ministerial Council
Here’s a link to the final report 'Review of the ISP' from the Energy & Climate Change Ministerial Council back in January 2024.
2024 Consultation on Forecasting Accuracy Report Methodology
The methodology used to assess performance of AEMO's longer-term forecasts is under review via the consultation process.
Comments and questions about the 2024 draft ISP
Clutch's Mitch Baker has shared his initial thoughts and questions that jumped out to him from reading the AEMO's 2024 draft ISP.
AER released transparency review of the Australian Energy Market Operator’s (AEMO) draft Integrated System Plan (ISP)
We probably should have noted this at the time, but worth linking here to this short report by the AER, that was published on 15th January 2024.
2023-24 GenCost consultation draft released – just before Xmas 2023
A short (and belated) article about the CSIRO's GenCost draft report ... and some associated media coverage.
AEMO released draft of 2024 Integrated System Plan … cue the media headlines
It's Friday 15th December 2023 and the AEMO has published its draft of the 2024 ISP, in time for everyone's Christmas reading list
GenInsights Quarterly Update for Q3 2023 released
A quick note to mark the the release of GenInsights Quarterly Update for 2023 Q3 last week (and Executive Briefing to one of our subscribers today).
AEMO holds 2023-24 Summer Readiness Briefing on November 13th 2023
On Monday the AEMO held their annual Summer Readiness Briefing for Summer 2023/24. Meanwhile, the ABC are reporting that the current El Nino has reached 'strong intensity'.
On Mon 23rd October, the AEMO publishes Quarterly Energy Dynamics for 2023 Q3
A short article on Mon 23rd Oct 2023 about an AEMO's publication of the latest Quarterly Energy Dynamics (a review of 2023 Q3). This follows closely from AER's Wholesale Markets Quarterly for the same...
On Thu 19th October, the AER published Quarterly Review for 2023 Q3
A short article on Saturday about an AER's publication that was released in the past week ... a review of 2023 Q3.
AER release ‘State of the Energy Market’ report for 2023
Today the Australian Energy Regulator released its annual 'State of the Energy Market' report that highlighted rising retail prices and a higher concentration of flexible generation asset ownership.